Crypto Industry News & Market Trends

TitanRWA Taps GXChain to Advance Zero-Fee, Scalable Web3 Development

TitanRWA, a notable Web3 entity for RWA tokenization, has partnered with GXChain, a decentralized public chain. The partnership focuses on utilizing cutting-edge blockchain infrastructure for advancement in decentralized application (dApp) development. As TitanRWA mentioned in its official X announcement, the development is a crucial step toward increasing Web3 cost-efficiency and accessibility. So, the move has already attracted blockchain enthusiasts and builders looking for scalable solutions.　　TitanRWA and GXChain Alliance Advances Cost-Efficient Growth in Web3　　The partnership between TitanRWA and GXChain is set to boost Web3 development by making it cost-efficient and widely accessible. In this respect, REI Network, a cutting-edge blockchain infrastructure that GXChain has developed, plays a key role. Unlike conventional forks, REI Network displays a thorough reconstruction, overcoming the former blockchain frameworks limitations. Additionally, the zero-fee model of the platform is critical in a sector where high costs often hinder entry, specifically for emerging projects and smaller developers.　　Apart from that, REI Networks support for the Ethereum Virtual Machine (EVM) permits developers to effectively migrate and deploy dApps without the need for the overhaul of existing codebases. The respective compatibility guarantees that the projects developed within the Ethereum network can conveniently expand onto or transition to the REI Network. Thus, the

04-30Industry

SOL Technical Analysis Apr 29

Tech　　SOL Technical Analysis Apr 29　　Solana (SOL), approaching a critical support test at the $82.27 level, has captured a positive catalyst with Meta selecting the Solana blockchain for stablecoin payments via Stripe integration; however, bearish momentum maintains its dominance.　　Market Outlook and Current Situation　　Solana is trading at $82.27 with a 1.79% decline over the last 24 hours, as the overall crypto market continues to be dominated by a downtrend. Trapped in the $81.40 – $85.56 range on the daily timeframe, SOL remains strong in terms of liquidity with $3.04 billion in volume, but the decreasing volume indicates weakening trend strength. Bitcoins sideways movement is pressuring altcoins, and SOL remaining below its short-term EMA20 ($85.09) gives a bearish short-term signal. In this context, market participants are closely monitoring developments in the SOL spot market.　　Across the market, the Solana ecosystem is gaining momentum from recent news: Meta is launching stablecoin payments for creators using Stripe on the Solana and Polygon blockchains. This development highlights SOLs advantages in high transaction speed and low costs, but the price action has yet to reflect this positive news. With the downtrend continuing on the weekly perspective, a confluence of 4 strong levels across 1D/3D/1W timeframes provides investors with

04-30Industry

Belo Receives $14M from Tether: Latin Expansion

Tech　　Belo Receives $14M from Tether: Latin Expansion　　Belos $14 Million Series A Round Led by Tether　　Digital wallet Belo, which facilitates cross-border payments in Latin America, raised $14 million in a Series A round led by Tether. The platform allows users to store and transfer local currencies alongside digital dollars, reaching more than 3 million people in the region. The Buenos Aires-based company will use this capital to expand into countries like Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay. It will strengthen its presence in Brazil by focusing on freelancers, remote workers, and segments involved in cross-border money flows. CEO Manuel Beaudroit stated that they have been integrated into daily life with a profitably growing product for three years and will use the investment for scaling.　　Advantages of Stablecoin Payments in Latin America　　Founded in 2021, Belo combines payments, forex transactions, and international transfers into a single flow using crypto infrastructure behind the scenes. Investors such as Titan Fund, The Venture City, Mindset Ventures, and G2 also supported the round.Ideal for value storage in high-inflation economiesSpeeds up and cheapens remittancesMinimizes forex costsEliminates switching between multiple services　　The company is expanding its regional footprint by growing its product, engineering, and operations teams.　　Stablecoins Role in Latin America

04-30Industry

Why The Bitcoin Price Could Hit $68,000 Again

The Bitcoin price is currently sitting on a key support trendline that could determine its next major move. According to a crypto analyst, a breakout from this level could lead to two possible scenarios. On the bullish side, the cryptocurrency could extend its recent price recovery and push higher. However, in a bearish scenario, the analyst predicts a steep decline, with price possibly revisiting $68,000. Given the significance of this trendline, analysts and traders are closely watching to see how Bitcoin will react here.　　Bitcoin Price Sits At Critical Make Or Break Trendline　　Crypto market analyst Ardi has presented another compelling Bitcoin price analysis on X. However, this time, he has outlined two potential price scenarios for the flagship cryptocurrency. While others believe that Bitcoin may have entered bullish territory following its surge above $79,000, Ardi still maintains a cautious stance even as he projects possible bullish scenarios.　　In his post, Ardi noted that the Bitcoin price is currently sitting at a critical technical area where two key support levels are converging. He said that these supports include an established ascending trendline pointing toward $79,418 and a liquidity zone around the $77,300 level.　　According to him, this ascending trendline has guided Bitcoin‘s price action

04-30Industry

Bitcoin Price Hold Support Zone as Heavy Shorts Dominate Market

Bitcoin stays below $78K resistance as weak demand limits upside despite easing sales.Support at $65K-$70K holds firm, with $68K now the key short-term level to watch.Spot selling has eased, while weak demand and elevated short exposure still cap upside.　　Bitcoin remained capped below key resistance after failing to hold above the True Market Mean near $78,000. Support stands at $65,000 to $70,000, where buyer activity has built over two months. Spot selling has eased, yet demand remains weak, and short exposure stays high.　　According to the Glassnode report on Wednesday, rejection came at the same zone flagged earlier as the main ceiling for the current bear market rally. Price failed to stay above the True Market Mean at $78,000 and the short-term holder cost basis at $79,000.　　$68K Support Holds as Selling Pressure Persists　　However, focus has now shifted to support near $68,000. That level marks the -1 standard deviation band of the Short-Term Holder Cost Basis. It stands as the nearest structural support in the short to mid-term.　　Source: Glassnode　　On-chain data showed how the rejection developed. The 24-hour simple moving average of short-term holder realized profit rose sharply as Bitcoin moved toward $80,000.　　That reading climbed to about $4 million per hour. It was around

04-30Industry

Powells Last Pause: A Divided Fed, a Frozen Bill, and Bitcoins $250K Bull Case in Retreat

The benchmark federal funds rate stayed in a target range of 3.5% to 3.75%, a third consecutive hold, with the committee citing “developments in the Middle East” as a key source of economic uncertainty. The vote itself was the more interesting tell — an 8-4 split, with Governor Stephen Miran pushing for an immediate cut and three more dissenting against language that left the door open to easing later in the year.　　For Bitcoin, the read-across was unambiguous and immediate. BTC, which had spent the morning trying to clamber back above $77,000, drifted lower on the announcement and was trading near $75,400 by late Wednesday in New York. Ether followed it down, slipping under $2,250. The pair extended what is now a multi-week decline from local highs near $79,500 on April 21, and a roughly 40% drawdown from October 2025s all-time high near $126,000.　　Why the Fed sat tight　　The macro backdrop the FOMC pointed to is genuinely awkward. Brent crude has been pinned above $100 a barrel for most of April as ships continue to struggle to transit the Strait of Hormuz, the chokepoint through which roughly 20% of seaborne oil flows. The US national average gas price hit $4.22 a gallon

04-30Industry

Powell to remain Fed governor despite Trumps unprecedented criticism

Jerome Powell says he will continue to serve as a Fed governor, calling Trumps criticism “unprecedented.” The odds of Powell stepping down as Fed Chair by May 14 are at 4.9% YES, up from 4% yesterday.　　Powells firm stance has dampened expectations for his early departure. The May 14 market shows minimal movement, suggesting traders are not pricing in a sudden resignation. The May 15 market is more volatile, sitting at 73.5% YES, which points to traders expecting some catalyst right after the May 14 resolution.　　The term structure shows a 69-point jump from May 14 to May 15, suggesting a specific event or announcement traders believe will land immediately after May 14. The May 31 and June 30 markets price Powells eventual departure with high confidence, at 96.2% and 99.4% respectively.　　USDC trading volume is $7,068 daily in the May 14 market and $7,888 in the May 15 market. The May 15 market is thin: just $507 would shift the price by five points, meaning a single significant order could cause a sharp move.　　Powell‘s statement works against the case for his immediate departure. At 5¢, buying YES on May 14 pays $1 if he steps down, a 20x return. Traders should weigh

04-30Industry

Iran offers combat insights to SCO allies, impacting US-Iran ceasefire outlook

Tech　　Iran offers combat insights to SCO allies, impacting US-Iran ceasefire outlook　　Irans proposal to share combat experiences against US forces with SCO allies has traders reevaluating the odds of a US-Iran ceasefire. The market for a ceasefire announcement by April 30 is at 1.1% YES, down from 3% yesterday and 16% a week ago.　　Market reaction　　Iran‘s offer at the SCO summit strengthens anti-US military alignment and is dragging down the US-Iran ceasefire market. This coincides with Iran’s insistence that the US naval blockade violates the current truce, adding further downward pressure. The April 30 contract sits at rock-bottom levels.　　Why it matters　　For the US-Iran diplomatic meeting by June 30, the “no meeting” odds are 22.2% YES, up from 16% yesterday. Iran choosing military alliances over diplomacy is bearish for direct negotiations with the US, pushing odds higher that no talks materialize by the deadline.　　The ceasefire market has $17,092 in total USDC traded, and it takes just $1,875 to shift the price by 5 points. This is a thin market where a few large trades create outsized moves. The largest price move was a 3-point drop, consistent with trader skepticism about any near-term diplomatic progress.　　What to watch　　At 1¢, a YES share pays $1 if

04-30Industry

Pi Network Price Rises Ahead of Consensus 2026

Pi Network‘s token climbed more than 5% on April 29 ahead of Consensus 2026 in Miami on May 5 to 7, where both co-founders Dr. Chengdiao Fan and Nicolas Kokkalis are confirmed speakers, marking the project’s most prominent mainstream industry appearance since its Mainnet launch.Dr. Chengdiao Fan will speak at Consensus 2026 on how Pi Network‘s human verification model addresses AI-era identity challenges, while Nicolas Kokkalis will address the protocol’s proof-of-personhood infrastructure.PI has risen approximately 11% on a weekly basis as of April 29, outperforming most large-cap altcoins during a broader market decline driven by FOMC and Iran uncertainty.Pi Network sponsored Consensus 2026 and has 421,000 active Mainnet nodes, over 10 billion PI migrated to Mainnet, and the Protocol 23 smart contract upgrade now targeted for May 11.　　Pi Network price gained more than 5% on April 29, BanklessTimes reported, as the market reacted to the confirmation that both Pi Network co-founders will appear at Consensus 2026 in Miami from May 5 to 7. Dr. Chengdiao Fan is scheduled to speak on proving human identity in the AI era, a topic directly connected to Pi‘s core proof-of-personhood architecture, while Nicolas Kokkalis will address the protocol’s broader Mainnet development trajectory.　　Pi Network Price

04-30Industry

Bitget Wallet and VeloraDEX for Deeper Liquidity and Better Pricing

Bitget Wallet, a top-tier, non-custodial Web3 multi-chain wallet that provides an all-in-one platform for managing over 1 million crypto assets, has announced its strategic partnership with VeloraDEX, a cross-chain decentralized exchange platform. The hidden purpose of this landmark collaboration is to expand multi-chain trading with wider liquidity and better pricing. Bitget Wallet has shared this news through its official social media X account.　　Another day, another DEX.　　VeloraDEX Gains Broader Chain Access and Liquidity via Bitget Wallet API　　VeloraDEX is one of the best decentralized exchange platforms. VeloraDEXs partnership with Bitget Wallet API increases access to 7 major blockchain networks, deeper liquidity pools, and better swapping pricing, and streamlined decentralized trading functionality. The integration of VeloraDEX and Bitget Wallet API enables multiple functions under a single platform.　　The partnership of Bitget Wallet and VeloraDEX is beneficial for both platforms and builds a strong connection between these two platforms for further growth in the future. VeloraDEX enjoys faster deployment, broader chain compatibility, expanded liquidity access, and more competitive trading routes.　　Redefining DeFi with Scalable Web3 Solutions　　Users will be satisfied with potentially better rates, wider token coverage, improved swap execution, and easier multi-chain trading. Bitget Wallet is entirely built on Web3 technology and is always ready to

04-30Industry

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